Mumbai, Oct. 30 -- Equity benchmark indices Sensex and Nifty rallied for the second straight session on Friday, supported by robust buying in IT stocks and earnings-driven demand in the Tata Group's retail arm Trent.
The 30-share BSE Sensex climbed 308.49 points, or 0.42 per cent, to settle at 74,459.53.
The 50-share NSE Nifty rallied 116.35 points, or 0.51 per cent, to end at 23,053.10.
On the weekly front, the BSE benchmark jumped 1,335.7 points, or 1.82 per cent, and the Nifty climbed 453.1 points, or 2 per cent.
Among Sensex firms, Trent, InterGlobe Aviation, Infosys, NTPC, Power Grid, Eternal, Tech Mahindra and HCL Tech were among the major gainers.
In contrast, SBI, M&M, UltraTech Cement and Tata Steel were major laggards.
The BSE SmallCap Select index tumbled 2.09 per cent, and the BSE MidCap Select index declined 0.63 per cent.
Among BSE sectoral indices, Focused IT surged 1.91 per cent, IT 1.53 per cent, Hospitals 1.05 per cent, Healthcare 0.95 per cent and Utilities 0.25 per cent. Housing Finance tanked 2.90 per cent, MidSmall Private Banks 2.40 per cent, MidSmall Private Banks Quality Tilt 2.17 per cent, Industrials 1.72 per cent, PSU Bank 1.17 per cent and Realty 0.94 per cent.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 943.60 crore on Thursday, according to exchange data.
Published by HT Digital Content Services with permission from Millennium Post.